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The Carol Greco Group
Long & Foster Real Estate, Inc.
7010 Little River Turnpike
Annandale VA 22003
703-658-1600
Fax: 703-256-5152

The Carol Greco Group Blog

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Displaying blog entries 161-170 of 226

Congress passed the Stimulus Package last night and there's one great item for "First Time" Buyers but only for a short time.  Married couples who have not owned a home for at least 3 years  and make less than $170,000 a year (or individuals who make less than $95,000) will get an $8000 tax credit good for the purchase of a home between now and December 31st. So while interest rates are a record lows and inventory is plentiful, it's a GREAT TIME TO BUY!  Give us a call at 703-658-1600. We sell the Most Important Home in Virginia...Yours!

2-Day Team Advance

Some days in life are just a 10!! Just got back from our 2-day Team Advance. I invited my real estate heroes, Judie and David Crockett from Ohio to lead us in a two day focus group on how we can better run our business so we can give the best of the best of service to our clients! Wow! We learned so much and are in the process of implementing all of the wonderful ideas. We're always striving to improve. Learning new ideas is so exciting no matter what the field! And, special thanks to my daughter, Bonnie, who arranged a conference room at the Regus Center overlooking the Masonic Temple in Alexandria.

The Carol Greco Group Has Joined Facebook!

We are proud to announce that Carol, Carrie and Emily have all joined Facebook!

I AM A PROUD MOTHER-IN-LAW!

I am so proud of my daughter-in-law, Carmelite Martell. Not only is she the mother of my wonderful grandson Giulio, but she won the best fashion designer award  in Philadelphia. Check out this article. http://www.dailycandy.com/philadelphia/article/41387/In+It+to+Win+It

Way to go Carmen!

EverWest End To Get 6,400 Army Jobs, New Development

The U.S. Army announced Monday that Alexandria’s Mark Center beat out Springfield and another Alexandria site for about 6,400 Army jobs.

The decision, involving the Army, the Department of Defense and the Defense Base Closure and Realignment Commission established in 2005, comes after a year-long study of the three sites and will save the federal government millions of dollars in building and relocation costs while providing the city with a flood of new jobs in September of 2011. The Pentagon mandated the dispersion of nearly 20,000 defense workers to more secure locations around Washington, D.C., in 2005.

Mark Center was chosen in part because total costs would amount to less than the Springfield and Victory Center (a building project on Eisenhower Ave. that will meet federal standards) sites, Army officials said. The mandate states that the project must be completed by Sept. 15, 2011. Duke Realty, which owns the Mark Center, is expected to sell the property by December.

“The Mark Center was selected by the U.S. Army because it was both technically superior and the lowest cost site,” Army spokesman Dave Foster said. “By law we are required to move these workers by September 15, 2011. Right now that’s the law and we must strive to meet that.”

The guaranteed maximum price of the Mark Center is $950 million, according to Foster, but “the government is not at liberty to release the amount of the Victory Center offer.” Foster said the Mark Center’s 16-acre plot of undeveloped land is an ideal spot compared with the expensive lease the Army pays for its workers at a Crystal City location. And because many commuters come from south of Alexandria, some traffic could be stifled before the District’s section of I – 395. 

State officials have expressed concern with the decision because of its movement away from “smart growth,” bundling commercial and residential development around transportation centers like Metro stations.

“The Army’s decision was predicated solely on meeting BRAC’s arbitrary 2011 deadline,” Rep. Jim Moran (D-8) said. “While I’m disappointed the GSA Warehouse in Springfield was not chosen, the push to redevelop the site will continue. A location so close to Metro should be housing workers, not documents and equipment. I plan to continue working with the Fairfax County Board and other leaders in Southeast Fairfax to redevelop this grossly underutilized facility.”

Mark Center is right off Seminary Road on the city’s West End, close to I – 395. But the closest Metro station is the Van Dorn Street Station, about four miles away. The Washington, D.C., region is home to some of the nation’s worst traffic, and with Virginia’s transportation funding facing some budget cuts, some officials said that the new destination “is not optimal,” Gov. Tim Kaine (D-VA) told WTOP News Tuesday. But he added that the initial planned location, an annex of Fort Belvoir in Fairfax, would have been “nearly a disaster in terms of transportation infrastructure.” 

Alexandria officials, who have various transit-oriented development initiatives underway, have extolled the Army’s choice as a means of economic development for the city, especially for the West End. Between the Army’s new structure and the mixed-use redevelopment planned for Landmark Mall and the Van Dorn Street area, the West End could see a bulk of economic growth. Government-use development was actually an original component of that plan.
“I think the fact that the site has some challenging transportation issues – they’re workable,” Mayor Bill Euille said. “The bright side is that this site … will provide the incentive for the [Landmark/Van Dorn] project to stay on track and move along.”

Duke Realty told Euille that they would put up $10 million dollars to help with transportation infrastructure, including shuttle service to and from the Virginia Railway Express station adjacent to King Street Metro Station. The Pentagon and the Commonwealth will also help fund the process. Of course, nothing about 6,400 jobs coming to a city in an economic slump — albeit less than its regional counterparts — seems negative.

“I see it as a positive shot in the arm,” Euille said. In addition to the fact that both [increased] residential and retail will still occur, not only for Landmark but adjacent areas … down to the Van Dorn corridor, there will be some additional spinoff on the Victory center area.”

Euille added that when he asked why the Victory Center was not chosen, an Army official told him not to worry about the site, which is expected to house federal employees in the future; it “will take care of itself.”

By David Sachs, Alexandria Times

Here's an interesting article on this $7500 tax credit (currently more like a loan). Future changes could truly give Purchasers an extra incentive to buy!

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/01/25/RET315D3OM.DTL&type=p

Woodson High Contemporary with Pizzazz!

Come stop by our Open on Sunday, December  18th from 1 to 4 to see this truly neat residence. Located in Truro, cited by "The Washingtonian" Magazine as a great place to live, it features an updated kitchen, a wonderful master suite with a romantic bath with whirlpool tub, two fireplaces, a garage, hardwood floors, and walls of windows and a custom deck which stretch across the wooded rear. Light and bright, it shows GREAT!

Super Star! Over 100K in recent upgrades grace this close-in  4 BR, 3 BA rambler sited on a gorgeous lot. Gourmet kitchen; gleaming hardwoods; remodeled baths; a Sun Room; walkout  Rec Room w/ wet bar and T.V.; Arts & Crafts front porch; custom deck; & screened gazebo too. Drop Dead Gorgeous. Open Sunday, January 18th from 1 to 4.

Beltway: Braddock Rd-East. L on Dodson to 5019.

 

Good News on the Housing Front

The National Assn of Homebuilders has representatives in Washington DC
today pressing for passage of a bill, "Fix Housing First."  I'm behind it and
encourage you to get behind it as well.  In a nutshell, the two key provisions are:

(1)  The federal government would offer a tax credit of between $10,000
and $22,000 (depending on locale) to anyone closing on the purchase of a
home, new or resale, by December 31, 2009.  The credit would not have to be
repaid, which is a major upgrade from a tax credit passed last summer;
and

(2)  The government would provide a federally-subsidized 30-year fixed
rate mortgage of 2.99 for all home purchases, new and resale, closing by June
30, 2009.  After that, the rate would be 3.99 for purchases closing by
December 31, 2009.

Visit www.FixHousingFirst.com for full details and a direct link to your
Senator and Representative.

Let's get housing fixed now!

Thanks--we appreciate you

The Carol Greco Group

To The Special Women in Our Lives

 
Watch this special youtube, as author  Kelly Corrigan reads her piece,"Transcending: Words on Women and Strength." when you have time to savor it.  It comes with our wish to all of you for a year of peace, joy, and good health.
The Carol Greco Group
 
 

Displaying blog entries 161-170 of 226

The Carol Greco Group
Long & Foster Real Estate, Inc.
7010 Little River Turnpike
Annandale VA 22003
© 2003 – 2010 Real Pro Systems, LLC
Last modified 7/31/2010